Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1000? Materials costs$8300? Conversion costs$9600? Percent complete with respect to materials 85?%Percent complete with respect to conversion 55?%Units started into production during the month 7500? Units transferred to the next department during the month 6600? Materials costs added during the month$103,200? Conversion costs added during the month$184,900? Ending work in process inventory: Units in ending work in process inventory 1900? Percent complete with respect to
materials 60?%Percent complete with respect to conversion 50?%?The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: (Round "Cost per equivalent unit" to 3 decimal places.)
A. $39,275
B. $45,488
C. $70,339
D. $40,897
Answer: D
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